VAPI GREEN ENVIRO LIMITED,VAPI vs. PRINCIPAL COMMISSIONER OF INCOME TAX, , VALSAD

In the result, various grounds of appeal raised by the assessee are allowed

Bench: Shri Pawan Singh & Dr. Arjun Lal Saini(Hearing In Virtual Court) Vapi Green Enviro Limited, Pr.C.I.T., Valsad. 135, 1St Floor, Via House, G.I.D.C. 301, 3Rd Floor, Palak Vs. Char Rasta, Vapi, Gujarat, Arcade, Shanti Nagar, India-396195. Tithal Road, Pan: Aaacv 8289 P Valsad-396001. Appellant Respondednt

Exemption) has erred in law and on the facts of the case, by concluding that the Appellant has failed to disclose income in respect of grant of Rs. 1,22,37,948/- though in fact, the Appellant has clearly shown that the same represents the amount of deferred grant transferred to Profit and Loss Account to meet depreciation

ASSISTANT COMMISSIONER OF INCOME TAX, VAPI CIRCLE,, VAPI vs. M/S VAPI GREEN ENVIRO LTD., , VAPI

In the result, appeal of the assessee is set aside and disposed of for statistical purposes

Bench: Shri Pawan Singh, Jm & Dr. A. L. Saini, Am आयकर अपील सं./Ita Nos.152 & 153/Srt/2023 "नधा"रण वष"/Ays: (2017-18 & 2018-19) (Physical Hearing) The Acit, Vapi Circle, Vs. M/S. Vapi Green Enviro Ltd., 135, 1St Floor, Via House, Gidc, Vapi. Char Rasta, Vapi – 396195. (Appellant) (Respondent) "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aaacv8289P Appellant By Shri Ashok B. Koli, Cit(Dr) Respondent By Shri Aarti Shah, Ar 19/05/2023 Date Of Hearing Date Of Pronouncement 31/05/2023

exempted. The Assessing Officer denied the mutuality and assessed the treatment charges as ‘business income’ and also disallowed the claim of depreciation

ASSISTANT COMMISSIONER OF INCOME TAX, VAPI CIRCLE,, VAPI vs. M/S VAPI GREEN ENVIRO LTD., , VAPI

In the result, appeal of the assessee is set aside and disposed of for statistical purposes

Bench: Shri Pawan Singh, Jm & Dr. A. L. Saini, Am आयकर अपील सं./Ita Nos.152 & 153/Srt/2023 "नधा"रण वष"/Ays: (2017-18 & 2018-19) (Physical Hearing) The Acit, Vapi Circle, Vs. M/S. Vapi Green Enviro Ltd., 135, 1St Floor, Via House, Gidc, Vapi. Char Rasta, Vapi – 396195. (Appellant) (Respondent) "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aaacv8289P Appellant By Shri Ashok B. Koli, Cit(Dr) Respondent By Shri Aarti Shah, Ar 19/05/2023 Date Of Hearing Date Of Pronouncement 31/05/2023

exempted. The Assessing Officer denied the mutuality and assessed the treatment charges as ‘business income’ and also disallowed the claim of depreciation

KRISTINA NATHABHAI KRICHCHAN,SURAT vs. DY. COMMISSIONER OF INCOME TAX, CIRCLE-2(3), SURAT

In the result, appeal filed by the assessee is allowed

Bench: Shri Pawan Singh, Jm & Dr. A. L. Saini, Am आयकर अपील सं./Ita No.349/Srt/2022 "नधा"रण वष"/Assessment Year: (2016-17) (Physical Hearing) Kristina Nathabhai Krichchan, Vs. The Dcit, Circle-2(3), 2/4, Zankhana Apartment, Surat. 21 Narmad Nagar Society, Athwalines, Surat – 395001. (Assessee) (Respondent) "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Dwipk2888D Assessee By Shri P. M. Jagasheth, Ca Respondent By Shri Ashok B. Koli, Cit(Dr) 10/05/2023 Date Of Hearing Date Of Pronouncement 26/06/2023

depreciation on the property. In this view of the matter, we have no doubt in our mind that the learned Tribunal went wrong in holding that for the purpose of applicability of section 54, registration of document is imperative. We, therefore, answer the question in the negative, i.e., the assessee is entitled to exemption

MASJID-E-MOAZZAN & MAZAR-E-SAIFEE,,SURAT vs. THE ACIT, CIRCLE-2,, SURAT

In the result, the appeal of the assessee is allowed

Bench: Shri Sandeep Gosain & Shri O.P.Meena, Accoutant Member आ.अ.सं/.I.T.A No.451/Ahd/2015 िनधा"रण वष"/Assessment Year:2011-12 Masjid-E-Moazzan & Mazar-E- Assistant Commissioner Saifee, Of Income Tax, 3/873, Devdi Mubarak, Circle-2, Surat Zampa Bazar, Surat 395002 Pan:Aatmb 8182 R अपीलाथ" Appellant ""यथ"/Respondent

depreciation was not allowed. With regard accumulation under section 11(1) (a), the CIT (A) observed that it would be allowed if there is residual income after application of income. Masjid-E-Moazzan & Mazar-E-Saifee/I.T.A.No. 451/AHD/2015 A.Y. 11-12 Page 4 of 6 7. Being, aggrieved the assessee filed this appeal before the Tribunal. The learned counsel

SHRI GORDHANBHAI R. ASODARIA,SURAT vs. ASSISTANT COMMISSIONER INCOME TAX, CENTRAL CIRCLE-3, SURAT

In the result, the ground No

Bench: Shri Pawan Singh(Virtual Hearing) Shri Gordhanbhai R. Asodaria, A.C.I.T., 8, Raghuvir Bunglow, City Light Road, Central Circle-3, Vs. Parle Point, Surat-395007. Surat. Pan No. Abapa 6910 G Appellant/ Assessee Respondent/ Revenue

exempt income of Rs. 27,34,928/- and agriculture income of Rs. 3,21,544/-. The assessee claimed the above interest expenditure which is not part of total income. The assessee was issued show cause notice on 17/11/2019. The Assessing Officer recorded that no reply was filed by assessee. The Assessing Officer disallowed various expenses aggregating

S J P CONSTRUCTIONS PRIVATE LIMITED,SURAT vs. DEPUTY COMMISSIONER OF INCOME TAX, CIRCLE 2(1)(2), SURAT

In the result, ground No. 1 to 3 of the appeal are allowed for statistical purpose

Bench: Shri Pawan Singh & Dr Arjun Lal Sainiआ.अ.सं./Ita No.430/Srt/2023 (Ay 2015-16) (Hearing In Physical Court) S J P Constructions Pvt. Ltd. Deputy Commissioner Of E-3300, Radhakrishna Textile Income Tax, Circle-2(1)(2) Vs Market, Ring Road, Surat- Surat, Aaykar Bhavan, 395002 Income Tax Colony, Pan No. Aajcs 4313 C Athwa, Surat-395001 अपीलाथ"/Appellant ""थ" /Respondent

depreciation of Rs.3,00,57,076/- as against correct figure of Rs.2,97,35,735/-. 3. In the facts and circumstances of the case and in law, the learned Assessing Officer erred in making disallowance of interest expense of Rs.2,38,08,019/- and capitalizing the same. a) By wrongly holding that the windmill was not put to use even

ACIT, CIRCLE-2(1)(1), INCOME TAX DEPARTMENT vs. S D MATERIAL HANDLERS PRIVATE LIMITED, SURAT

In the result, the appeal of the Revenue is dismissed

Bench: Shri Pawan Singh, Jm & Dr. A.L.Saini, Am आयकर अपील सं./Ita No.499/Srt/2023 (िनधा"रणवष" / Assessment Year: (2013-14) (Hybrid Hearing) Assistant Commissioner Of M/S S D Material Handlers Pvt. Ltd. Income-Tax, Circle-2(1)(1), Surat Vs. 405-408, Shivalik Western, L.P. Room No.612, 6Th Floor, Aayakar Savani Road, Adajan Adajan Bhavan, Near Majura Gate, Bo, Surat-395009 Surat-395001 "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aaccd 3481B (अपीलाथ" /Assessee) (""थ"/Respondent)

depreciation at the rate of 30%. The very same cranes are involved in the present Tax Appeal which were the subject matter of consideration in the Assessment Year 2007-08. However, according to the Revenue, it was a mistake committed by the Assessing Officer at the relevant point of time and such a mistake can always be corrected

THE DCIT, CIRCLE-1(1),, BARODA vs. GUJARAT CHEMICAL PORT TERMINAL CO.LTD.,, BHARUCH

In the result, Cross Objection appeal of the assessee is allowed

Bench: Shri Sandeep Gosain, Hon'Ble & Shri O.P.Meena, Hon'Bleआ.अ.सं./I.T.A No.1501/Ahd/2014 "नधा"रण वष"/Assessment Year: 2009-10 M/S.Gujarat Chemical Port Terminal V The Commissioner Of Income Tax, Vadodara. Company Ltd., S Po Lakhigam, Via Dahej, . Bharuch – 392 130. [Pan: Aaacg 6861 A] अपीलाथ" / Appellant ""यथ"/Respondent आ.अ.सं./I.T.A No.2998/Ahd/2014 "नधा"रण वष"/Assessment Year: 2010-11 The Deputy Commissioner Of Income V M/S.Gujarat Chemical Port Tax, Circle-1(1), Baroda. S Terminal Company Ltd., . Po Lakhigam, Via Dahej, Bharuch – 392 130. [Pan: Aaacg 6861 A] अपीलाथ" / Appellant ""यथ"/Respondent Cross Objection No.30/Ahd/2015 (Arising Out Of Ita No.2998/Ahd/2014) "नधा"रण वष"/Assessment Year: 2010-11 M/S.Gujarat Chemical Port Vs. The Deputy Commissioner Of Terminal Company Ltd., Income Tax, Circle-1(1), Po Lakhigam, Via Dahej, Baroda. Bharuch – 392 130. [Pan: Aaacg 6861 A] अपीलाथ" / Appellant ""यथ"/Respondent

depreciation to the extent of Rs. 1,65,04,000/-. Accordingly, it is held, that order of the AO in this regard is erroneous insofar as it is prejudicial to the interest of revenue within the meaning of section 263 of IT. Act, 1961. 7. In respect of other items viz. profit

M/S. GUJARAT CHEMICAL PORT TERMINAL CO.LTD.,,BHARUCH vs. THE CIT-I, BARODA

In the result, Cross Objection appeal of the assessee is allowed

Bench: Shri Sandeep Gosain, Hon'Ble & Shri O.P.Meena, Hon'Bleआ.अ.सं./I.T.A No.1501/Ahd/2014 "नधा"रण वष"/Assessment Year: 2009-10 M/S.Gujarat Chemical Port Terminal V The Commissioner Of Income Tax, Vadodara. Company Ltd., S Po Lakhigam, Via Dahej, . Bharuch – 392 130. [Pan: Aaacg 6861 A] अपीलाथ" / Appellant ""यथ"/Respondent आ.अ.सं./I.T.A No.2998/Ahd/2014 "नधा"रण वष"/Assessment Year: 2010-11 The Deputy Commissioner Of Income V M/S.Gujarat Chemical Port Tax, Circle-1(1), Baroda. S Terminal Company Ltd., . Po Lakhigam, Via Dahej, Bharuch – 392 130. [Pan: Aaacg 6861 A] अपीलाथ" / Appellant ""यथ"/Respondent Cross Objection No.30/Ahd/2015 (Arising Out Of Ita No.2998/Ahd/2014) "नधा"रण वष"/Assessment Year: 2010-11 M/S.Gujarat Chemical Port Vs. The Deputy Commissioner Of Terminal Company Ltd., Income Tax, Circle-1(1), Po Lakhigam, Via Dahej, Baroda. Bharuch – 392 130. [Pan: Aaacg 6861 A] अपीलाथ" / Appellant ""यथ"/Respondent

depreciation to the extent of Rs. 1,65,04,000/-. Accordingly, it is held, that order of the AO in this regard is erroneous insofar as it is prejudicial to the interest of revenue within the meaning of section 263 of IT. Act, 1961. 7. In respect of other items viz. profit

ASSISTANT COMMISSIONER OF INCOME TAX, CENTRAL CIRCLE-3, SURAT vs. M/S SURAT LIFE CARE PVT. LTD., SURAT

Bench: Shri Pawan Singh, Jm & Dr. A. L. Saini, Am आयकर अपील सं./Ita No.160/Srt/2023 Assessment Year: (2013-14) (Physical Hearing) The Acit, Vs. M/S. Surat Life Care Pvt. Ltd., Central Circle – 3, Unique Hospital, Opp. Kiran Motor, Surat Nr. Sosyo Circle Lane, Surat - 395002 "थायीलेखासं./जीआइआरसं./Pan/Gir No.: Aarcs8396M (Appellant) (Respondent) Appellant By Shri Vinod Kumar, Sr. Dr Shri P. M. Jagasheth, Ca Respondent By 14/12/2023 Date Of Hearing Date Of Pronouncement 21/12/2023

exemption. 4. Without prejudice and addition to ground No. 1, 2 & 3, on the facts and in the circumstances of the case and in law, the CIT (A) has erred in allowing deduction without appreciating the facts that the revision of return sec. 139(5) of the Act will apply only to cases of 'omission or wrong statements

SAHAKARI KHAND UDUOG MANDAL LTD.,NA vs. ARIVS.DCIT, NAVSARI CIRCLE, NAVSARI, NAVSARI

In the result, all the appeals are disposed of in the manner indicated\nhereinbefore

depreciation,\nwhile Ground No. 15 is general in nature and does not call for separate\nadjudication. Since all effective grounds stem from the single determinative\nquestion of whether the excess cane price represents a deductible business\nexpenditure or a non-allowable appropriation of profit, Grounds Nos. 1 to\n14 are taken up together and adjudicated in a consolidated manner

ACIT, NA vs. ARI CIRCLE, NAVSARIVS.M/S. MAROLI VIBHAG KHAND UDYOG SAHAKARI MANDALI LTD.,, NAVSARI

In the result, all the appeals are disposed of in the manner indicated\nhereinbefore

depreciation,\nwhile Ground No. 15 is general in nature and does not call for separate\nadjudication. Since all effective grounds stem from the single determinative\nquestion of whether the excess cane price represents a deductible business\nexpenditure or a non-allowable appropriation of profit, Grounds Nos. 1 to\n14 are taken up together and adjudicated in a consolidated manner

SHREE KHEDUT SAHAKARI KHAND UDYOG MANDLI LTD.,BARDOLI vs. INCOME TAX OFFICER, WARD-1, BARDOLI

In the result, all the appeals are disposed of in the manner indicated\nhereinbefore

depreciation,\nwhile Ground No. 15 is general in nature and does not call for separate\nadjudication. Since all effective grounds stem from the single determinative\nquestion of whether the excess cane price represents a deductible business\nexpenditure or a non-allowable appropriation of profit, Grounds Nos. 1 to\n14 are taken up together and adjudicated in a consolidated manner

MAROLI VIBHAG KHAND UDYOG SAHAKARI MANDALI LTD,.,NA vs. ARIVS.ACIT, NAVSARI CIRCLE, , NAVSARI

depreciation,\nwhile Ground No. 15 is general in nature and does not call for separate\nadjudication. Since all effective grounds stem from the single determinative\nquestion of whether the excess cane price represents a deductible business\nexpenditure or a non-allowable appropriation of profit, Grounds Nos. 1 to\n14 are taken up together and adjudicated in a consolidated manner

SAHAKARI KHAND UDYOG MANDAL LTD.,,GANDEVI vs. ACIT, NAVSARI CIRCLE, NAVSARI, NAVSARI

depreciation,\nwhile Ground No. 15 is general in nature and does not call for separate\nadjudication. Since all effective grounds stem from the single determinative\nquestion of whether the excess cane price represents a deductible business\nexpenditure or a non-allowable appropriation of profit, Grounds Nos. 1 to\n14 are taken up together and adjudicated in a consolidated manner

SAHADARI KHAND UDYOG MANDAL LTD.,,NA vs. ARIVS.ACIT, NAVSARI CIRCLE, NAVSARI, NAVSARI

depreciation,\nwhile Ground No. 15 is general in nature and does not call for separate\nadjudication. Since all effective grounds stem from the single determinative\nquestion of whether the excess cane price represents a deductible business\nexpenditure or a non-allowable appropriation of profit, Grounds Nos. 1 to\n14 are taken up together and adjudicated in a consolidated manner

ACIT, NA vs. ARI CIRCLE., NAVSARIVS.M/S. MAROLI VIBHAG KHAND UDYOG SAHAKARI MANDALI LTD,, NAVASARI

depreciation,\nwhile Ground No. 15 is general in nature and does not call for separate\nadjudication. Since all effective grounds stem from the single determinative\nquestion of whether the excess cane price represents a deductible business\nexpenditure or a non-allowable appropriation of profit, Grounds Nos. 1 to\n14 are taken up together and adjudicated in a consolidated manner